The Riverside Co. has divested its holding in OrthoD Group Ltd. to London’s Apposite Capital. OrthoD, based in Gloucestershire, UK, is a leading innovator, manufacturer and provider of clinically-proven, targeted orthopedic products and solutions into over 40 countries. “Riverside helped OrthoD become a more robust and capable company,” Riverside Partner Martin Scott said in a statement. “We’re proud of its more expansive offerings and wider geographic reach, and we’re certain it will continue to help improve outcomes for patients across the world.” Working with Scott on the transaction for Riverside were:
- Principal Tommy Seddon
- Associate Julius Hugelshofer
- Senior Operating Partner Fabio Pesiri
Other transactional partners included:
- William Blair advised Riverside on the transaction
- KPMG and LEK advised on due diligence
- Jones Day provided legal advice
